08:47 AM EDT, 05/07/2024 (MT Newswires) -- Dorman Products ( DORM ) posted Q1 adjusted earnings Tuesday of $1.31 per diluted share, up from $0.56 a year earlier.
Three analysts polled by Capital IQ expected $0.82.
Net sales for the quarter ended March 30 were $468.7 million, up from $466.7 million a year earlier.
Three analysts surveyed by Capital IQ expected $472.5 million.
The company reiterated its 2024 adjusted EPS guidance of $5.40 to $5.70. Three analysts polled by Capital IQ expect $5.55. Net sales growth for the year is still projected to be 3% to 5% from a year ago. Three analysts polled by Capital IQ expect revenue of $2 billion.
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